NOT LISTED FOR SALE

Arlen Beach 5701 Collins Ave Unit 817 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $556,000 - $621,000

2 Beds
2 Baths
1,138 Sq Ft
$1,200/mo HOA Fee

Last Sold March 29, 2024

Last sale price $570,000 $501 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,971/month

191 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Furnished
  • North Beach Elementary School Rated A-
  • Sauna
  • Community Pool

About This Home

As of March 2024

Welcome to a spectacular waterfront residence 2 bedrooms 2 bathrooms, Incredible ocean views! The spacious living room and dining area are excellent for entertaining along with the ocean front terrace! Full Service luxury building. Enjoy the Most Luxurious Resort Style Living on the Beach! A Must See!! 3D video available.

Last Agent to Sell the Property

Eduardo Velasquez

Top Florida Brokers License #3239135 Listed on: 09/19/2023

Co-Listed By

Maria Vetancourt Toro

Realty One Group Evolution License #3525791

Last Buyer's Agent

ana carolina goulart de andrade

Elite Sales Group License #3338942

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,579

Year Built

  • Built in 1969

Lot Details

  • East Facing Home

HOA Fees

  • $1,200 Monthly HOA Fees

Home Design

  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,138 Sq Ft Home
  • Furnished
  • Furniture for Sale
  • Furniture Can Be Negotiated
  • Blinds
  • Combination Dining and Living Room
  • Video Cameras

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Parquet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Parking

  • 1 Attached Carport Space
  • 1 Car Parking Space

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Property has ocean access
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-028-1000

Community Details

Overview

  • 255 Units
  • Arlen Beach Condominium Condos
  • Arlen Beach Condo Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 25-Story Property

Amenities

  • Sauna
  • Trash Chute
  • Community Library

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,579

Year Built

Built in 1969

Lot Details

0

HOA Fees

$1,200 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Condominium
  • Carport Y N: Yes
  • Co List Office Mls Id: TFBL01
  • Co List Office Phone: 305-846-0640
  • Directions: Please use google maps.
  • Entry Level: 8
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ARLEN BEACH CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Fire Sprinklers, No Additional Rooms
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Parquet, Tile
  • Furnished: Furniture For Sale, Furnished, Furniture Negotiable
  • Living Area: 1138
  • Possible Use: Secondary
  • Stories: 25
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Dining/Living Room
  • Living Room Features: No Additional Rooms
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Ocean View
  • Exterior Features: Other, Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Arlen Beach Condominium
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Attached Carport, 1 Space, Limited # Of Vehicle, No Rv/Boats

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Elevator Secure, Card Entry, TV Camera

Condo/Co-op/Association

  • Association Fee: 1200
  • Amenities: Elevator(s), Exercise Room, Library, Exterior Lighting, Other, Pool, Sauna, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-11-028-1000
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6579

Multi Family

  • Number Of Units In Community: 255
  • Number Of Units Total: 255

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Mar 28, 2024
Sold by
Montoya Luis Albert Montano
Bought by
Sartorelli Llc
Seller's Agent
Eduardo Velasquez
Top Florida Brokers
Buyer's Agent
ana carolina goulart de andrade
Elite Sales Group
List Price
$640,000
Sold Price
$570,000
Premium/Discount to List
-$70,000
-10.94%
Views
440
Current Estimated Value
$592,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,825
Avg. Annual Appreciation
2.50%
Original Mortgage
$200,000
Outstanding Balance
$196,796
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$396,029

Purchase Details

Listed on
Sep 20, 2018
Closed on
Jan 29, 2019
Sold by
Last Investment Inc
Bought by
Montoya Luis Albert Montano
Seller's Agent
Andres Garcia
La Rosa Realty LLC
List Price
$495,000
Sold Price
$395,000
Premium/Discount to List
-$100,000
-20.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$217,250
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 23, 2005
Sold by
Ortiz Gloria
Bought by
Last Investment Inc

Purchase Details

Closed on
Jun 24, 2003
Sold by
Tesone Nessim S and Tesone Sion L
Bought by
Ortiz Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 8, 2002
Sold by
Nessim S Tesone I
Bought by
Tesone Nessim S and Tesone Sion L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sartorelli Llc $570,000 Florida Title & Trust
Montoya Luis Albert Montano $395,000 Attorney
Last Investment Inc $383,700 --
Ortiz Gloria $270,000 --
Tesone Nessim S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sartorelli Llc $200,000
Previous Owner Montoya Luis Albert Montano $217,250
Previous Owner Ortiz Gloria $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2024 03/29/24 Sold $570,000 -10.9% $501 / Sq Ft
09/19/2023 09/19/23 For Sale $640,000 0.0% $562 / Sq Ft
04/14/2023 04/14/23 Rented $3,700 -5.1% --
03/19/2023 03/19/23 Under Contract -- -- --
02/16/2023 02/16/23 Price Changed $3,900 -2.5% $3 / Sq Ft
01/30/2023 01/30/23 For Rent $4,000 0.0% --
01/31/2019 01/31/19 Sold $395,000 -20.2% $347 / Sq Ft View Prior Sale
01/01/2019 01/01/19 Pending -- -- --
09/20/2018 09/20/18 For Sale $495,000 -- $435 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,033 $454,388 -- --
2024 $7,559 $385,590 -- --
2023 $7,559 $350,537 $0 $0
2022 $6,579 $318,670 $0 $0
2021 $5,594 $289,700 $0 $0
2020 $5,608 $289,700 $0 $0
2019 $6,957 $359,000 $0 $0
2018 $6,455 $359,000 $0 $0
2017 $6,177 $304,063 $0 $0
2016 $5,900 $276,421 $0 $0
2015 $5,722 $251,292 $0 $0
2014 $4,807 $228,448 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eduardo Velasquez

    Seller's Agent in 2024

    Eduardo Velasquez

    Top Florida Brokers

    (305) 846-0640

    1 in this area

    14 Total Sales

    Eduardo Velasquez
    Section Image
  • Maria Vetancourt Toro

    Seller Co-Listing Agent in 2024

    Maria Vetancourt Toro

    Realty One Group Evolution

    (305) 432-6021

    1 in this area

    3 Total Sales

    Maria Vetancourt Toro
    Section Image
  • Alvaro Garcia

    Buyer's Agent in 2023

    Alvaro Garcia

    Serhant

    (305) 724-5807

    15 Total Sales

    Alvaro Garcia
    Section Image

  • A

    Seller's Agent in 2019

    Andres Garcia

    La Rosa Realty LLC

    (305) 299-0653

    Andres Garcia
    Section Image
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About Arlen Beach

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11454387

MIAMI REALTORS® MLS

APN: 02-3211-028-1000

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5701 Collins Ave Unit 817, Miami Beach, FL

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